News

CAMBRIDGE, Mass. - One of the biggest of the big boys is dropping its bill presentment service altogether, but to other financial institutions that might be thinking of killing off that half of the electronic bill-paying enterprise, a leading industry analyst says, "Don't go there." "By dropping its bill presentment...

VALLEY FORGE, Pa. - The just-released second of what are typically three updates a year to the USERS core system is more substantial than normal and touches on some hot-button industry issues. There are four new components in the latest release for USERS' DataSafe. They are all add-on modules that...

NEW YORK - CashEdge is on a roll with the signing of two billion dollar credit unions - the $3 billion Patelco CU and $1.3 billion GTE FCU. Both credit unions are adding CashEdge's inter-institution transfer solution (Online Money Movement) and its aggregation piece (Advanced Account Aggregation). Money Movement allows...

The good news for Fiserv is the majority of EDS CU clients are satisfied. Bill Rogers conducted a survey of EDS credit union clients. Sending surveys to 500 clients, it received a 20% response (96 clients), so the survey is by no means all encompassing, but it is a viable...

The EDS CUIG has been built by acquisitions. The following are the major deals: * CUNADATA Madison, Wis. Acquired in 1981 * Data Processing of the South Charlotte, N.C. Acquired in April, 1982 * Virginia Data Norfolk, Va. Acquired in October, 1982 * League Data Services (Missouri CU League) St....

NEEDHAM, Mass. - When the topic is the latest and greatest in bank and credit union service delivery channels, a mainstay of retail services hardware infrastructure - the automated teller machine - is often overlooked. Yet the venerable ATM and point-of-sale (POS) processing space could well be the foundation of...